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Bullboard - Stock Discussion Forum Global Hemp Group Inc C.GHG

Alternate Symbol(s):  GBHPF

Global Hemp Group Inc. is a Canada-based company, which is focused on developing and promoting hemp-based products. The Company operates through two segments: BioPharma Division and Industrial Hemp Division. BioPharma Division has executed a Letter of Intent (LOI) with B-Organic R&D Corp. (B-Organic) to license its Bioactive Lipid Agents (BLA) technology, a patented matrix, which is able to... see more

CSE:GHG - Post Discussion

Global Hemp Group Inc > Worst stock I ever bought.
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Post by Richardio on Dec 20, 2019 3:53pm

Worst stock I ever bought.

I'm glad to be finally rid of my GHG stock.  I lost a ton of money on it.  Waited over 2 years hoping for a rebound.  In the end I realized it's my fault for not enough due diligence in learning about this company.  Looking back I am wiser, but poorer as I lost 80% of my investment but at least I'm finally out and can move on to a more lucrative investment and try to heal from the damage that GHG has done to my portfolio. 

Global hemp is nothing but a couple of 100 acre farms.  One is in Canada and is not producing.  The other is in Oregon and has grown some hemp, but hasn't sold any since day one.  They occasionally use shares to pay off people they owe money to.  They issue them a ton of shares at a cheap price, which causes a short spike in the stock price.  As soon as it spikes they dump the shares and anyone else that got on the bandwagon during the pump and dump loses big time.
That's where I was caught, and stung bad.  So if you see a spike in price keep that in mind, you would be lucky if you could sell your shares fast enough before the price tanks by morning. 
That is all there is to this company.  So if you choose to keep believing go ahead, I know the road you are on, but at least you were warned by those who have already been stung.
Comment by bizee57 on Dec 31, 2019 10:06am
I am in agreement with you. I have talked to somebody at ghg and don't feel confident in the future. There are select few that have millions of shares and I questioned that as to why it's bouncing around a half a cent here or there and these are the guys that are making money, and of course my theory was debunked by him. Was told just to hang on because they have to wait for sales wish ...more  
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